NOT LISTED FOR SALE

748 S Chapel Ave Alhambra, CA 91801

Alhambra Acres Neighborhood

Estimated Value: $1,112,000 - $1,453,000

6 Beds
4 Baths
2,212 Sq Ft
$597/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2014

Last sale price $750,000 $339 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,107 / mo

6 Days on Market

Highlights

  • Laundry Room
  • Floor Furnace
  • 1-Story Property
  • Martha Baldwin Elementary School Rated A
  • West Facing Home

About This Home

As of April 2014

Diamond in the rough. Don't you always want to own an income property in a very convenient location? This is perfect for whoever wants to live one and rent one or convert into a 4 units apartment. The front house has living room opens up to dining room, three good size bedrooms, family room with fireplace, laminated wood floor, 1.75 bath. floor furnace, Kitchen has granite counter tops and in door laundry. There is a separate entrance for the back portion of this unit. Tenant can enjoy privacy with his own quarter including a bedroom, 0.75 bath and the family room. The back house has A/C, beautiful laminated wood floor, living room, a small dining room adjacent to kitchen with granite counter tops, three bedrooms and two full baths. There are three garages at the end of the property. The long driveway can accommodate three more cars easily. It is close to the Almansor Park, the golf course, Baldwin schools, Emmaus school, YMCA, restaurants, 7/11, shops, public transportation and many more. GREAT LOCATION with many alternatives!

Last Agent to Sell the Property

Alice Dykeman

RE/MAX ELITE REALTY License #01024028 Listed on: 04/04/2014

RE/MAX ELITE REALTY

Last Buyer's Agent

Henry Liu

Coldwell Banker Dynasty Arc. License #01378289

Coldwell Banker Dynasty Arc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 9,000 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Brick Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 70
  • Tax Tract Number 4816
  • Assessor Parcel Number 5347022030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $700
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,315
  • Gross Income $1,650
  • Net Operating Income $14,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

9,000 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5347022030
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 339.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fencing: Brick
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1650.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 14900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4900.00
  • Rent Control: No
  • Total Actual Rent: 19800.00

Tax Info

  • New Taxes Expense: 7315.00
  • Tax Area: 1797
  • Tax Lot: 70
  • Tax Tract Number: 4816

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 14, 2014
Sold by
Bought by
Seller's Agent
Alice Dykeman
RE/MAX ELITE REALTY
Buyer's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
List Price
$758,000
Sold Price
$750,000
Premium/Discount to List
-$8,000
-1.06%
Current Estimated Value
$1,321,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,626
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Aug 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,150
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Pacific Coast Title
-- None Available
-- None Available
-- None Available
$718,000 Equity Title Company
$559,000 Southland Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $427,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $750,000 -1.1% $339 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $758,000 -- $343 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,695 $919,389 $612,928 $306,461
2024 $11,288 $901,362 $600,910 $300,452
2023 $11,157 $883,689 $589,128 $294,561
2022 $10,621 $866,363 $577,577 $288,786
2021 $10,509 $849,376 $566,252 $283,124
2020 $10,454 $840,667 $560,446 $280,221
2019 $10,140 $824,184 $549,457 $274,727
2018 $10,119 $808,025 $538,684 $269,341
2016 $9,300 $776,650 $517,767 $258,883
2015 $9,160 $764,985 $509,990 $254,995
2014 $7,289 $593,978 $438,000 $155,978
Source: Public Records

Agents Affiliated with this Home

  • Alice Dykeman

    Seller's Agent in 2014

    Alice Dykeman

    RE/MAX

    (626) 227-5375

    18 Total Sales

    Alice Dykeman
    Section Image
  • Henry Liu

    Buyer's Agent in 2014

    Henry Liu

    Coldwell Banker Dynasty Arc.

    (626) 446-8999

    101 Total Sales

    Henry Liu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14069197

California Regional Multiple Listing Service (CRMLS)

APN: 5347-022-030

California Los Angeles County Alhambra 91801 Alhambra Acres

748 S Chapel Ave, Alhambra, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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